Operating Agreement for Limited Liability Company (LLC)

This is a sample LLC Operating Agreement that can be modified to fit any type of business. LLCs are often the most beneficial classification for business entities because they provide for the limited liability of corporations while having the benefits of partnership taxation. In order for the LLC to be valid, it must have an operating agreement and must file the Articles of Organization with the Secretary of State. This sample short-form operating agreement is ideal for small businesses that want to operate as an LLC.